Helios and Matheson Analytics Announces Proposed Public Offering of
Common Stock and Warrants

Download

Helios and Matheson Analytics announces proposed public offering of common stock and warrants. (Photo: Business Wire)

April 18, 2018 04:40 PM Eastern Daylight Time

NEW YORK--(BUSINESS WIRE)--Helios and Matheson Analytics Inc. (NASDAQ:
HMNY) (“HMNY”), a provider of information technology services and
solutions and the 92% owner of MoviePass Inc. (“MoviePass”), the
nation’s premier movie-theater subscription service, today announced
that it has commenced a best efforts underwritten public offering,
subject to market and other conditions, to issue and sell shares of its
common stock and warrants to purchase shares of its common stock. The
shares of common stock and warrants to purchase shares of common stock
are being offered as units. The shares of common stock and warrants will
be issued separately. There can be no assurance as to whether or when
the offering may be completed, or to the actual size or terms of the
offering. HMNY may use the net proceeds from this offering to increase
the Company’s ownership stake in MoviePass or to support the operations
of MoviePass and MoviePass Ventures; to satisfy a portion or all of any
amounts payable in connection with previously issued convertible notes;
and for general corporate purposes and transaction expenses. The Company
may also use the proceeds to make other acquisitions.

Canaccord Genuity is acting as sole book-running manager for the
offering. Palladium Capital Advisors, LLC is acting as a financial
advisor in connection with the offering.

The shares of common stock and warrants described above are being
offered pursuant to a shelf registration statement previously filed with
and declared effective by the Securities and Exchange Commission (SEC).
A preliminary prospectus supplement and accompanying prospectus relating
to the offering will be filed with the SEC and will be available for
free on the SEC’s website at www.sec.gov.
Copies of the preliminary prospectus supplement and the accompanying
prospectus relating to the offering may also be obtained, when
available, from Canaccord Genuity LLC, Attention: Equity Syndicate
Department, 99 High Street, 12th Floor, Boston, Massachusetts 02110, by
telephone at (617) 371-3900, or by email at prospectus@canaccordgenuity.com.

This press release does not constitute an offer to sell or the
solicitation of an offer to buy any of these securities, nor will there
be any sale of these securities in any state or other jurisdiction in
which such offer, solicitation or sale is not permitted.

About Helios and Matheson Analytics Inc.

Helios and Matheson Analytics Inc. (HMNY) is a provider of information
technology services and solutions, offering a range of technology
platforms focusing on big data, artificial intelligence, business
intelligence, social listening, and consumer-centric technology. HMNY
owns approximately 92% of the outstanding shares (excluding options and
warrants) of MoviePass Inc., the nation's premier movie-theater
subscription service. HMNY’s holdings include RedZone Map™, a safety and
navigation app for iOS and Android users, and a community-based
ecosystem that features a socially empowered safety map app that
enhances mobile GPS navigation using advanced proprietary technology.
HMNY is headquartered in New York, NY and listed on the Nasdaq Capital
Market under the symbol HMNY. For more information, visit us at www.hmny.com.

About MoviePass

MoviePass Inc. is a technology company dedicated to enhancing the
exploration of cinema. As the nation's premier movie-theater
subscription service, MoviePass provides film enthusiasts the ability to
attend up to one movie per day for a low subscription price. The
service, now accepted at more than 91% of theaters across the United
States, is the nation's largest theater network. For more information,
visit www.moviepass.com.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended,
including but not limited to statements regarding HMNY’s expectations on
the completion, timing and size of the proposed public offering and the
anticipated use of proceeds therefrom. These forward-looking statements
are subject to a number of risks, including market conditions related to
the proposed public offering and the risk factors set forth from time to
time in HMNY’s SEC filings, including but not limited to the risks that
are described in the “Risk Factors” section of HMNY’s Annual Report on
Form 10-K for the year ended December 31, 2017, and in the preliminary
prospectus supplement related to the proposed offering to be filed with
the SEC on or about the date hereof, each available on the SEC's web
site at www.sec.gov.
In addition to the risks described above and in HMNY’s other filings
with the SEC, other unknown or unpredictable factors also could affect
HMNY’s results. No forward-looking statements can be guaranteed, and
actual results (including, without limitation, the ability to complete
this offering and generate the net proceeds necessary for HMNY to
complete its business objectives) could differ significantly from those
contemplated by the forward-looking statements. The information in this
release is provided only as of the date of this release, and HMNY
undertakes no obligation to update any forward-looking statements
contained in this release on account of new information, future events,
or otherwise, except as required by law.